Head of Research at Enigma Securities: Crypto Markets Difficult to "Break Upward Before Election Day"

Joe Edwards, head of research at digital asset brokerage Enigma Securities, wrote in a research note that the U.S. election is just two weeks away, but the election does not appear to have helped the market. Even with crypto-friendly Donald Trump in the lead (based on betting market data), and Vice President Kamala Harris' hostility to cryptocurrencies appears to have lessened, the crypto market will struggle to "break out of the upside before Election Day."